Determine the transfer expenditures of governments


1. Determine the major categories of "investment" expenditure in the GDP accounts?

2. Determine the "transfer" expenditures of governments? Why aren't they included as part of "government is spending" in calculating the GDP?

3. Explain why aren't "intermediate" goods purchases by the businesses added to GDP spending the totals?

4. Agree or disagree: GDP = wages + rents + net interest + dividends + net taxes.

5. Agree or disagree: The Annual mortgage payments by the households are counted as part of consumer spending when adding up C+I +G + (X-IM) to establish RGDP.

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Macroeconomics: Determine the transfer expenditures of governments
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